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HomeBusinessSamsung dangles $560,000 bonuses to keep engineers from China

Samsung dangles $560,000 bonuses to keep engineers from China

A Samsung memory chip worker earning about $60, 000 a year could receive roughly $560, 000 in bonuses before tax, according to the company’s largest union. Its estimate includes both Samsung’s existing profit-sharing bonus and a new special payment. Samsung hasn’t confirmed the amount. On October 7, the company outlined how that special bonus would work: 10. 5% The post Samsung dangles $560, 000 bonuses to keep engineers from China appeared first on Asia Times.

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